economy

February 10, 2026

In This Serbian City, a Studio Apartment Downtown Costs as Much as a House on the Outskirts: 'You Get a Piece of Land and Your Own Peace'

Due to high real estate prices in Novi Sad, where a studio apartment costs as much as a house, citizens are moving to villages up to 40 kilometers away. Infrastructure and fast roads are key to demand. Buyers prefer move-in ready single-story houses, while old multi-story buildings are unattractive and difficult to sell.

In This Serbian City, a Studio Apartment Downtown Costs as Much as a House on the Outskirts: 'You Get a Piece of Land and Your Own Peace'

TL;DR

  • High real estate prices in Novi Sad are driving people to move to villages up to 40 km away.
  • A studio apartment in Novi Sad can cost between 80,000 and 100,000 euros, equivalent to a house in a village.
  • Older buyers often seek move-in ready houses, while younger buyers are interested in properties that need complete renovation.
  • Buyers typically prefer single-story houses of around 100 square meters with about 10 ares of land, but these are scarce.
  • Infrastructure and fast roads are crucial factors influencing demand in villages.
  • Old multi-story buildings are generally unattractive and difficult to sell.

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